The validator has been established to support the decentralisation of the Casper Network on which the Mystra project is based. Delegators participate in securing the network, receiving rewards from staking, extra benefits on our platform and support project development. As Mystra is a Multichain project, nodes will also be introduced on other networks in the future.
Benefits
Each delegator will receive points based on the number of CSPR staked on our node. The number of points will reflect the voting power in the DAO and the allocation in commitment for projects incubated on the platform. However, users will have to meet the following conditions beforehand:
✔ Join at least one Mystra social media channel: Telegram or Discord
✔ Delegate a minimum of 5000 CSPR on the Mystra validator
✔ Establish a user account on Mystra.app
The above conditions will allow you to receive additional benefits from staking your CSPR coins on the Mystra staking node. If your CSPR coins are delegated, but you do not fulfil the above conditions, you will only enjoy the rewards of staking, as we cannot allocate staking points without a Mystra.app user account set-up.
With a user account on the Mystra.app platform, you have access to the points you have accumulated for your engagement in our social channels, Discord or Telegram.
You can find more information in our documentation or on the Mystra Telegram group.
Our validator node is open to the whole Casper Community. We charge a 4% fee.
Mystra is eco-friendly
The fate of our planet is particularly important to us. We want the development of blockchain technology and our business to not contribute to the degradation of the natural environment in which we live and will live for generations to come. The choice of the Casper Network was obvious, Casper Network is one of the most energy-efficient blockchains and continues to improve its technology in this regard.
We strive to minimise our carbon footprint. Therefore, during the selection process for the service provider to host our node, it was essential that the provider uses renewable energy sources.
The Mystra validator is hosted by www.hetzner.com. Hetzner uses green energy-efficient servers powered by electricity obtained from 100% renewable energy sources. You can read more about this at: https://www.hetzner.com/unternehmen/umweltschutz/
Server Details
The validator server is hosted on a dedicated machine.
Hardware Specifications:
AMD Ryzen ™ 9 3900
12 Core
Matisse (Zen2)
Simultaneous Multithreading
Virtualization (AMD-V)
128 GB DDR4 ECC
2 x 1.92 TB NVMe
Bandwidth: 1 Gbit/s
You can also find all current information directly on our validator page.
Summary
- By staking your CSPR on Mystra’s validator, you increase your points
- The validator fee is 4%
- The more points you have, the more benefits you’re entitled to, such as a better place in the queue when investing in new projects incubated by Mystra.org
- Mystra is a community platform with a DAO structure, combined with a Venture Capital, incubator and hub for start-up projects on the Casper Network & EVM.
How to stake CSPR? — first steps
Stake with Mystra
Links to our media and resources:
📣 Website
📣 Telegram
📣 Discord
📣 Docs
📧 headquarters@mystra.io
Glossary
📖Delegation, staking, rewards, unbonding/unstaking
In our next article, we will dive into and explain the following topics:
- Community reputation system
- Tickets
- CasperArmy NFT Collection and its utility
- Our mission — Future plans.
